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Laws of Malaysia
ACT 562
PART III
REQUIREMENTS OF LICENSED CERTIFICATION
AUTHORITIES
Activities of licensed certification authorities
22. (1) A licensed certification authority shall only carry on such
activities as may be specified in its licence.
(2) A licensed certification authority shall carry on its activities
in accordance with this Act and any regulations made under this
Act.
Requirement to display licence
23. A licensed certification authority shall at all times display its
licence in a conspicuous place at its place of business.
Requirement to submit information and particulars relating to
business operations
*24. (1) A licensed certification authority shall submit to the
Commission such information and particulars including financial
statements, audited balance sheets and profit and loss accounts
relating to its entire business operations as may be required by the
Commission within such time as it may determine.
(2) A person who contravenes subsection (1) commits an offence
and shall, on conviction, be liable to a fine not exceeding one
hundred thousand ringgit or to imprisonment for a term not exceeding
two years or to both, and in the case of a continuing offence shall
in addition be liable to a daily fine not exceeding two thousand
ringgit for each day the offence continues to be committed.
Notification of change of information
*25. (1) Every licensed certification authority shall, before making
any amendment or alteration to any of its constituent documents,
or before any change in its director or chief executive officer,
furnish the Commission particulars in writing of any such proposed
amendment, alteration or change.
*NOTE—The Central Bank of Malaysia is exempted from the requirements of this section for the
purpose of implementing the Real-Time Electronic Transfer of Funds and Securities System or also
known as “RENTAS”—see P.U. (A) 300/1999.